Investing money in stocks and other securities doesn’t have to be complicated.
Risk Tolerance for Investing
Before creating your investment plan, determine how comfortable you are with risk regarding investing. Maybe you’ve already taken one of those ubiquitous risk management quizzes you see on the internet. Although there are a few good ones, I find many of them unhelpful and even silly.
DIY Stock and Securities Investing will help you assess your own risk tolerance. It’s important you get it right; Otherwise, you’re less likely to stick with your investment plan when the going gets tough.
Getting More Involved
My One-Stop-Shop Investment Plan is among the simplest of investment plans yet yields great results with minimum effort. Getting More Involved with your investment plan might mean tinkering with your plan a little or a lot: It’s up to you to choose your level of involvement. Just be sure you have the extra time to commit to performing any extra management duties.
The strategies presented in DIY Stock and Securities Investing are utilized by many successful professional traders and are based in part on Modern Portfolio Theory and the science behind it. Use your favorite search engine: There are lots of online resources to help you understand it better. Or click on the external link above.
Becoming Financially Independent
These strategies presented in DIY Stock and Securities Investing are not the next new get-rich-quick scheme, app, or gimmick. They will, however, build your wealth faster regardless of your accepted amount of risk, be that super-aggressive, super-conservative, or somewhere in between. And they’re designed to maximize your returns no matter what your stage in life: Just getting started, mid-career, approaching retirement, or already retired.
DIY Stock and Securities Investing is book 3 in my 4-book series Becoming Financially Independent. Purchase an e-book or paperback.
